Versevo Inc. celebrates 25 years of innovation
Versevo Inc. is celebrating 25 years of innovation and growth in 2019. The company recently held an Employee Awards Night at The Rotunda in Waukesha, WI to mark this milestone anniversary and honor the contributions of its employees to its growth and success.
Today, Versevo employs over 50 team members and provides tooling, casting and machining for world-class OEM’s like Bombardier Recreational Products (BRP), Caterpillar, John Deere, Mercury Marine and Tesla.
“We’re proud of our commitment to innovation, which has kept us at the forefront of the casting industry,” explains founder and CEO Terry Moon.
The keys to Versevo’s success during the last 25 years include:
- Using powerful software modeling tools to help it optimize the manufacturability of customer parts and assemblies,
- Providing its customers with net shape solutions – castings that are value engineered to be strong and functional while using the absolute minimal material, and
- A proprietary six-step process that enables it to deliver “first shot success” - on time products and services that meet or exceed its customers’ expectations.
Even though Versevo is now a quarter-century old, Moon maintains a high level of entrepreneurial zeal. He’s always on the lookout for opportunities to grow the business while creating efficiencies and solving problems for its customers. “To me, this isn’t a job. Every day is an adventure for me,” he explains.
Significant milestones in Versevo’s history
1994
Pattern Technologies, Inc. (the precursor company to Versevo) is formed in Waukesha, WI by three partners: Terry Moon, Timothy Jason and Charles Hunt.
1997
Moon and Jason buy out Hunt’s shares in the company.
2000
Pattern Technologies moves to a larger space in Hartland, WI, occupying 22,500 sq. ft. of a 52,500 sq. ft. facility
2001
Moon purchases Jason’s shares and becomes the sole owner of Pattern Technologies.
2001-2005
The closure of several local tooling companies results in the hiring of several key employees, which leads to growth in lost foam casting and high-pressure die casting.
2006
Pattern Technologies rebrands as VERSEVO Inc. This acronym signifies a combination of VERSatility, SErvice and EVOlving.
Versevo purchases two new OKK HM600S horizontal machining centers, stretching its capabilities into production machining.
2008
Versevo expands its production space by 10,000 sq. ft., for a total of 32,500 sq. ft.
Versevo purchases a refurbished Kurtz AL10-7SC Low-Pressure Casting Machine and New Modern MJM-800 Micro Jet Aluminum Melter.
Versevo enters into a business relationship with Kurtz GmbH, selling to and supporting the North American market for equipment utilized by the aluminum casting industry.
2009
Versevo achieves certification to ISO 9000:2008
2010
Versevo signs a multi-year lease to occupy the remainder of the building it occupies at 1055 Cottonwood Avenue, Hartland (for a total of 52,500 sq. ft.)
2015
Versevo purchases and installs a Kurtz KPS1000 16-8 100Ton 4 post trim press. It currently serves as a showroom example of Kurtz trimming capability for the aluminum casting markets it serves.
2017
Versevo achieves certification to ISO 9000:2015
2018
Versevo purchases and installs an OKK HM1250 horizontal machining center, to permit machining of large mold workpieces. This extends its capabilities with large format complex dies, molds, and core boxes in its existing markets.
2019
Versevo celebrates its 25th Anniversary, rolling out the red carpet for an Employee Awards Night at The Rotunda in Waukesha, WI.
Images from the 25th anniversary celebration and employee awards night at the Rotunda in Waukesha, WI.
Wisconsin Representative Cindi Duchow recently visited Versevo to present Terry Moon with a "Citation by the Assembly" from The State of Wisconsin, congratulating the company for 25 years in business.